Poland: European Council Proposes Extension of Split Payment Scheme on Certain B2B Supplies
On 15 January 2025, the EU Commission proposed extending Poland’s B2B split payment scheme for certain goods and services, derogating from Article 226 of the VAT Directive.
Belgium: Updated VAT Processing Guidelines with Transitional Implementation
On 30 January 2025, the Belgian Federal Public Service Finance issued guidelines on Circular 2025/C/6, updating the “New VAT Chain” for tax modernization.
International VAT Rate Round Up: March 2025
The March edition of our International VAT Rate Round Up highlights the latest updates from Philippines
Global VAT Guide: March 2025
The March edition of the Global VAT Guide features comprehensive updates on VAT regulations and developments from Belgium, Estonia, Italy, Latvia, Slovakia, Spain, Botswana, Chad, Chile, India, Kazakhstan, Philippines, and Sri Lanka.
Unlock Hidden Profits: The VAT Refund Opportunity in Saudi Arabia
Since 2022, businesses operating in Saudi Arabia have the opportunity to reclaim VAT on Accounts Payable (AP) expenses, something that was previously impossible. Yet, many companies are still unaware of the significant refunds they are entitled to.
Belgium: Filing Deadline Date Changes
The recent VAT Return and VIES filing deadline updates are outlined in the official announcement from 23 December 2024 and the summary “New VAT Chain” from 30 January 2025.